Jennison Associates LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,289 shares of the company’s stock, valued at approximately $315,000.
A number of other hedge funds also recently bought and sold shares of the business. 1620 Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the second quarter worth about $35,000. GPS Wealth Strategies Group LLC boosted its holdings in iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the last quarter. Davis Capital Management grew its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the period. Finally, Avondale Wealth Management increased its holdings in shares of iShares S&P 500 Growth ETF by 56.1% during the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after buying an additional 156 shares during the last quarter.
iShares S&P 500 Growth ETF Stock Performance
IVW opened at $99.62 on Monday. The stock has a market capitalization of $52.19 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $71.93 and a one year high of $101.55. The business’s 50 day moving average price is $97.06 and its 200 day moving average price is $92.97.
iShares S&P 500 Growth ETF Profile
iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.
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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
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